---
schema_version: "secwatch.filing_event.v1"
accession: "0001734722-22-000039"
form_type: "8-K"
ticker: "PATH"
cik: "0001734722"
company_name: "UiPath, Inc."
filed_at: "2022-06-27T23:59:59+00:00"
generated_at: "2026-06-24T22:58:34.120092+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UiPath to cut ~5% workforce, raises FY23 non-GAAP operating income guidance to ~$15M

## Summary
- Approves restructuring cutting ~5% of global workforce (~4,200 employees), with most reductions by end of Q2 FY2023.
- Expects ~$15M in restructuring charges, mainly severance and lease costs, recognized by end of FY2023.
- Reiterates Q2 FY2023 revenue guidance of $229-231M and ARR $1,040-1,042M; raises full-year non-GAAP operating income guidance to ~$15M.
- Full-year FY2023 revenue and ARR guidance unchanged at $1,085-1,090M and $1,220-1,225M respectively.

## SEC filing metadata
- accession: 0001734722-22-000039
- form_type: 8-K
- ticker: PATH
- cik: 0001734722
- company_name: UiPath, Inc.
- filed_at: 2022-06-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1734722/000173472222000039/0001734722-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1734722/000173472222000039/path-20220624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001734722-22-000039
- JSON: https://secwatch.observer/filing/0001734722-22-000039.json
- Plain text: https://secwatch.observer/filing/0001734722-22-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.